VESTLANDSKE LIMTREINDUSTRI AS

5642 HOLMEFJORD

Finances

Share Ownership

Return on Equity

11,73 %

Current Ratio

2,43

Debt-to-Equity Ratio

1,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 857 000	72 907 000	44 507 000	47 017 000
Net Income	1 652 000	691 000	−116 000	−1 478 000
Total Assets	48 765 000	47 371 000	38 969 000	34 584 000
Total Equity	14 079 000	12 727 000	12 037 000	12 153 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 857 000	72 907 000	44 507 000	47 017 000
Expenditure	74 756 000	72 600 000	44 896 000	48 334 000
Operating Profit	2 236 000	922 000	127 000	−1 299 000
Financial Income	3 000	30 000	5 000	11 000
Financial Costs	302 000	261 000	249 000	280 000
Financial Balance	−299 000	−231 000	−244 000	−269 000
Earnings Before Tax	1 937 000	691 000	−116 000	−1 568 000
Tax	285 000	0	0	−90 000
Net Income	1 652 000	691 000	−116 000	−1 478 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 468 000	21 605 000	20 896 000	21 678 000
Total Current Assets	26 297 000	25 766 000	18 073 000	12 906 000
Total Assets	48 765 000	47 371 000	38 969 000	34 584 000
Total Retained Equity	13 579 000	12 227 000	11 537 000	11 653 000
Total Equity	14 079 000	12 727 000	12 037 000	12 153 000
Total Long-Term Debt	23 842 000	20 926 000	20 725 000	15 699 000
Total Current Debt	10 844 000	13 718 000	6 207 000	6 732 000
Total Equity and Debt	48 765 000	47 371 000	38 969 000	34 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 857 000	72 907 000	44 507 000	47 017 000
Other Income	0	0	0	0
Revenue	75 857 000	72 907 000	44 507 000	47 017 000
Cost of Goods Sold	41 572 000	42 607 000	21 510 000	22 465 000
Salary Costs	17 895 000	18 191 000	14 322 000	16 263 000
Depreciation	1 080 000	1 003 000	982 000	1 503 000
Impairment	0	0	0	0
Expenditure	74 756 000	72 600 000	44 896 000	48 334 000
Operating Profit	2 236 000	922 000	127 000	−1 299 000
Financial Income	3 000	30 000	5 000	11 000
Financial Costs	302 000	261 000	249 000	280 000
Financial Balance	−299 000	−231 000	−244 000	−269 000
Dividends	300 000	0	0	0
Net Income	1 652 000	691 000	−116 000	−1 478 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 986 000	13 971 000	13 281 000	13 539 000
Machinery and Plant Facilities	7 314 000	7 415 000	7 321 000	7 731 000
Fixtures	168 000	219 000	294 000	408 000
Total Tangible Assets	22 468 000	21 605 000	20 896 000	21 678 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 468 000	21 605 000	20 896 000	21 678 000
Stock	9 697 000	7 922 000	5 756 000	5 518 000
Total Investments	0	0	0	0
Cash, Bank	650 000	682 000	3 712 000	516 000
Total Current Assets	26 297 000	25 766 000	18 073 000	12 906 000
Total Assets	48 765 000	47 371 000	38 969 000	34 584 000
Total Equity	14 079 000	12 727 000	12 037 000	12 153 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 842 000	20 926 000	20 725 000	15 699 000
Creditors	5 165 000	6 329 000	3 219 000	2 587 000
Unpaid Taxes	2 119 000	1 854 000	1 517 000	1 244 000
Dividends	300 000	0	0	0
Other Current Debt	2 531 000	2 938 000	1 471 000	1 541 000
Total Current Debt	10 844 000	13 718 000	6 207 000	6 732 000
Total Equity and Debt	48 765 000	47 371 000	38 969 000	34 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,73 %	5,43 %	−0,96 %	−12,16 %
Debt-to-Equity Ratio	1,69	1,64	1,72	1,29
Operating Profit Margin	2,95 %	1,26 %	0,29 %	−2,76 %
Current Ratio	2,43	1,88	2,91	1,92
Quick Ratio	22,93	4,45	40,07	10,63
Equity Ratio	0,29	0,27	0,31	0,35
Gross Profit Margin	45,2 %	41,56 %	51,67 %	52,22 %